This property looks like a bad Long-Term investment with a projected -11.02% first-year return on $133k initial cash invested.
-11.02%
Cash On Cash
4.48%
Cap Rate
0.7
DSCR
$4,167
Rent
-$1,226
Cashflow
Cash Flow
$4,167 income − $5,393 expenses = $1,226 out of pocket
Investment Breakdown
|
Purchase Price
$636k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$133k
Downpayment
20%
$127k
Closing costs
1%
$6,355
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,167
Total Expenses
$5,393
Mortgage P&I
81%
$3,390
Property Taxes
17%
$689
Home Insurance
6%
$231
HOA
0%
$0
Property Management
10%
$417
CapEx
5%
$208
Vacancy
6%
$250
Maintenance
5%
$208
Other
0%
$0